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Texas oil lease

Producing

SPAATZ 38-47 E

Spaatz 38-47 E is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

124,151bbl oil, since Feb 2026
RRC lease
08-64870

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, since Feb 2026
160,751 mcf
Oil in Jul 2026
17,402 bbl

Production by month

Oil output rose 32% since Feb 2026

  • Oil (bars)
  • Gas (line)
Oil output rose 32% since Feb 2026Monthly oil production and gas for SPAATZ 38-47 E, Feb 2026 to Jul 2026. Oil output rose 32% since Feb 2026. Monthly average of 23,539 bbl in the latest 3 months, against 17,845 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output rose 32% since Feb 2026Monthly oil production and gas for SPAATZ 38-47 E, Feb 2026 to Jul 2026. Oil output rose 32% since Feb 2026. Monthly average of 23,539 bbl in the latest 3 months, against 17,845 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a transmission line in the 5 months reported

Flaring peaked at 7.5% of the gas in Mar 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
89% of the gas went to a transmission line in the 5 months reportedShare of SPAATZ 38-47 E gas by disposition code each month, Feb 2026 to Jul 2026. 89% of the gas went to a transmission line in the 5 months reported. Flaring peaked at 7.5% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.5%Oct 25Jan 26AprJul
89% of the gas went to a transmission line in the 5 months reportedShare of SPAATZ 38-47 E gas by disposition code each month, Feb 2026 to Jul 2026. 89% of the gas went to a transmission line in the 5 months reported. Flaring peaked at 7.5% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 7.5%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 143,414 mcf

  • Lease fuel (1)

    9.2% · 14,865 mcf

  • Flared (4)

    1.5% · 2,472 mcf

1.5% of the gas flared in the 5 months reported. One month above 3%.

1 well on this lease

Wells on SPAATZ 38-47 E
API numberWell no.Status
42-317-468272WBActive

SourceTexas Railroad Commission Wellbore Query.

640.92 acres on the newest permit

An allocation well is on this lease

Permits for Spaatz 38-47 E
API numberWell no.Acreson the permit
42-317-468272WB640.92

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

6 months, newest first

Ledger for SPAATZ 38-47 E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,40217,40232,62030,6640$80.46$2.89
Jun 202621,50821,51131,90028,9620$84.81$3.15
May 202631,70631,84937,96934,4849$102.13$2.94
Apr 202631,62931,58134,80530,160701$100.32$2.77
Mar 202621,90621,72723,45719,1441,762$91.38$3.04
Feb 202600000$64.51$3.62

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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Leases within 10 km

Drilling permits within 10 km